There is at least a forced deadline at end of April for the 3rd qtr Cashflow statement. Then the heat is on. Short term SP will be under pressure if capital raising announced first, or vice-versa if they announce contract or recommencement of test hole drilling. But based on the companys track record of communicating information, I'm now only judging them on what they announce has been done and not what they think is going to happen in the future. So for me, equipment isn't coming from Singapore until it has, test hole drilling won't be restarting anytime soon until it does and there is no such thing as advanced contract negotiations until someone signs on the dotted line at which point the negotiations have advanced 100%.
CKK Price at posting:
18.5¢ Sentiment: None Disclosure: Not Held
